AUSTIN – The Texas Public Policy Foundation’s Economist Dr. Vance Ginn issued this statement today on the U.S. Census Bureau’s Foreign Trade report:
“Today’s report further clarified the diversity of the Texas economy as it again tops the nation in exports for the 14th consecutive year. Although the lower oil price contributed to a substantial drop in exports to foreign countries in 2015, Texas’ other vibrant industries led to $251 billion in exports, which was $86 billion more than the second highest total in California,” said Dr. Ginn. “The Texas model supported by a well-diversified economy benefited by high levels of international trade and pro-growth policies must be continued to empower Texans to achieve their hopes and dreams.”
Vance Ginn, Ph.D.
Free market economist with leanings towards Chicago/Austrian schools of economics. Hard rock drummer. Classical liberal. First generation college graduate at Texas Tech University. Hometown: Houston. Recovering academic. Work at the Texas Public Policy Foundation in Austin to research ways to #LetPeopleProsper. Live the dad life in Round Rock, TX. Views=mine.